• themurphy
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    1 month ago

    Not when it isn’t a rich US/EU guy owning the business.

    • mal3oon@lemmy.world
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      1 month ago

      It’s more about China heavily subsidizing its tech industry, mainly to disrupt western innovations. Same thing is happening with Electrical Vehicles. Typical capitalist bait and switch.

      • themurphy
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        1 month ago

        That’s true, but it’s also true that China has prioritised to make automated factories and investing heavily in just plain better battery tech.

        I know alot of the money came from the CCP, but when the investments are done, this new tech will outperform other companies on just being better (thinking of EV specifically).

        I think I’m just saying that a state investing in tech and technologies is not a bad idea always.